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Political Diary

Updated June 6, 2008 11:59 p.m. ET

Veep Stakes The wagering public has usually proved better than pollsters at calling future political events. Now that each party's presidential nominee has been settled, what's the outlook for vice presidential picks according to punters putting real money on the line?

At Intrade, a Dublin-based "prediction market" where traders can buy or sell "contracts" on the likelihood of future events, Hillary Clinton has been selling down with an 18% chance lately, while Virginia Senator Jim Webb has climbed to...